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Search Results 0 to 10 of about 11 (some duplicates have been removed)
MSNBC
Dec 31, 2012 8:00pm PST
>>> i'm milissa rehberger. welcome back to breaking news cover range on a fiscal cliff deal on capitol hill. democrats got out of their meeting with vice president joe biden. the vice president had been is set to the hill to discuss the deal and he spent much of the past 24 hours working out the details with senate minority leader mitch mcconnell. here is what we know about the potential deal as of right now. current bush era tax cuts will expire for individuals with an income over $400,000, also for couples with an income over $450,000. unemployment benefits will be extended. the sequester, automatic spending cuts that would hit a wide range of government programs, including department of defense, will be dedelayed for a two-month period and be paid for with a 50/50 split on tax increases and spending cuts. joining us now is kelly o'donnell what have you learned with the vice president's meeting with senate democrats? >> we were able to talk to some within the meeting, they are in a bit of waiting game, in part because of the legislation, being turned into an actual test that
MSNBC
Dec 29, 2012 12:00am PST
. will last-minute action be enough to avoid a fiscal cliff? to avoid a cliff dive? get your cell phones out. i want to know what you think. tonight's question, in light of the president's remarks, will a fiscal cliff deal get done? text "a" for yes, text "b" for no to 622639 or go to our blog at ed.msnbc.com. i'll bring you the results later in the show. joining me now is sheldon whitehouse from rhode island. thank you for joining us. >> thank you for having me. >> sir, this is serious, this is even dire. are you encouraged by the meeting today and the president's remarks in the aftermath of that meeting? >> well, i think that the decision to move the forum for the negotiations to the senate was a necessary one. i have a lot of confidence in harry reid's negotiating ability. mitch mcconnell is a veteran negotiator, and i think there's a far better prospect of something being worked out in the senate than there was dealing with speaker boehner and his completely dysfunctional house republican party. >> sure. well, abiding by convention and of course protocol, the senate won't return until sunday. will there be enough time for the senate leaders to really craft a deal that is substantiative and makes a diffe
MSNBC
Dec 28, 2012 12:00am PST
unemployment extension is not included in the fiscal cliff deal, 2.1 million americans will face an immediate loss in federal unemployment insurance. it will result in a cut of $284 a week for the average beneficiary. and that's a lot of dough for the average american. it's important to keep in mind the unemployment cliff is really a cliff, urban a slope. tax increases and other spending cuts will fall into place over time. but not with unemployment insurance. unemployment americans who rely on federal aid will be cut off on january 1st, 2013. however, there is some good news on the unemployment front. the four-week average of job claims dropped to roughly 356,000. it's the lowest level since march 2008. but unfortunately, the national unemployment rate is still 7.7%. and if republicans in congress fail to accuracy millions of unemployed americans will be off to a very rough start for the new year. for more on this let's turn to the reverend dr. haines iii, senior pastor at friendship west baptist church. dr. haines, welcome to the show. >> thank you, professor dyson. >> isn't it ir
MSNBC
Dec 31, 2012 5:00pm PST
richard trumka just tweeted this. it's not a good fiscal cliff deal if it give morse tax cuts to 2% and sets the stage for, in his words, quote, hostage-taking. he is voicing the concern that because the taxes only apply or go up on those making $400,000 or more and $450,000 if you're a couple, that essentially it's not hitting enough people. and he is voicing the concern that there might be deep cuts. so there is some pressure coming from the left for democrats to not necessarily accept the deal that is on the table. now, we saw president obama come out earlier today and talk about the fact that look, this isn't a perfect deal. this represents compromise on all sides. part of the reason you saw president obama come out today is not only to pressure republicans, but also to pressure democrats to get the deal done before this midnight deadline that is now so close and that is fast approaching. so there is some opposition that is being voiced from the left. could this impact the decision of some senate democrats? we'll have to wait and see, certainly. but, of course, when these deals
MSNBC
Dec 26, 2012 8:00pm PST
take that much work, we just have to do the right thing. >> six days away from the fiscal cliff and there are real consequences to millions of americans if no deal is cut. congressman elijah cummings and ryan grim of the huffington post are here with the latest. a tea party giant stages a coupe with his own office. the details on dick armey's hostile takeover. the nra is catching heat from all directions. >> i don't think the nra is listening, i don't think they understand. >> georgetown university law professor, david cole on the growing drumbeat against the nra. >>> six days until the price of milk shoots up to $8 a gallon. why house republicans are take ing america to the dairy cliff. >>> and civil liberty groups take on torture in zero dark thirty. >>> if no deal is reached, the nation will go over the fiscal cliff in a little more than five days and house republicans are doing nothing more than posturing. president obama is flying back to washington tonight from his christmas vacation in hawaii to make one last attempt to get a deal before midnight new year's eve. the senate is returning and will be in session tomorrow for the same purpose. se
Search Results 0 to 10 of about 11 (some duplicates have been removed)